Associate Director - Rolling Stock & Maintenance (CDU11) 20004710

Qiddiya Investment Company; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading entertainment investment firm in Riyadh is seeking a Senior Manager to oversee the lifecycle of rolling stock and yellow plant. This role requires 10-12 years of financial analysis experience, preferably in real estate finance, along with strong skills in financial modeling and strategic planning. The ideal candidate will manage safety compliance and contribute to a world-class entertainment destination. A comprehensive compensation package is offered.

Benefits

Comprehensive compensation and benefits package

Qualifications

• Minimum of 10 - 12 years of experience in financial analysis focusing on real estate or development finance.
• Strong background in financial modeling and strategic financial planning.
• Exceptional analytical skills and ability to translate data into insights.

Responsibilities

• Define fleet strategy and roadmap aligned with project demands.
• Translate customer experience and safety into technical specifications.
• Lead procurement processes and contract negotiations.
• Oversee testing, commissioning, and delivery of rolling stock.

Skills

Financial modeling

Investment analysis

Strategic financial planning

Analytical skills

Communication

Team collaboration

Excel proficiency

Education

Bachelor's degree in finance, economics, or related field

Master’s degree or professional certification (CFA, CPA)

Job description

The Senior Manager– Rolling Stock & Maintenance is responsible for the end-to-end lifecycle of Qiddiya’s rolling stock and yellow plant, (specification → procurement → delivery → operations → mid-life → disposal) so fleets are safe, reliable, on-brand, and cost-effective for a world-class entertainment destination. This role ensures the safety and protection of passengers, employees, infrastructure, and assets while maintaining compliance with national regulations and international best practice in high speed and metro rolling stock ownership.

Key Responsibilities:

• Fleet strategy & roadmap – Define vehicle platforms, capacities, technologies (propulsion, ATO/CBTC level, onboard systems), standardization, and obsolescence plans aligned to Qiddiya’s phased openings (e.g., PUA, Q Express) and demand growth.
• Requirements & specification – Translate customer experience, safety, RAMS, accessibility, and branding into technical specs (NFPA, EN/IEC/BS, TSI where applicable; fire/smoke, EMC, crashworthiness, cybersecurity). Establish policies and protocols for incident prevention, rapid response, and recovery for all transportation.
• Procurement leadership – Lead RFI/RFP, bidder engagement, evaluation (technical, commercial, ESG, localization), and contract negotiation (performance guarantees, LDs, warranties, IPR, software licenses)
• Delivery, testing & commissioning – Plan and govern design reviews, factory tests, type tests, safety cases, shipment, site acceptance, dynamic testing, and entry-into-service.
• Safety & regulatory – Own safety certification and interfaces with Independent Safety Assessor and Saudi regulators (e.g., TGA), ensure SMS compliance, hazard logs, and safety cases.
• Systems integration – Ensure rolling stock integrates cleanly with signalling/ATO, platform fit/gauges, depots, power/SCADA, telecoms, PSDs, and wayside maintenance/diagnostics.
• RAMS performance – Set availability/reliability targets (MTBF/MTTR), manage reliability growth, warranty campaigns, condition-based maintenance, and continuous improvement.
• Operations & maintenance readiness – Define maintenance strategy (depot/line-side, levels 1-5), tools, workshops, training, documentation, spares, and ensure Day-1/Day-2 readiness.
• Brand & customer experience – Own interior/exterior design, accessibility, dwell-time features, onboard infotainment/Wi-Fi, climate comfort, and aesthetics consistent with Qiddiya’s brand.
• Digital & data – Deploy telematics/FLEET IoT, health monitoring, OTA software management, configuration control, cybersecurity, and integration with enterprise asset management (EAM).
• Supplier & contract management – Run performance reviews, KPIs, claims/warranty management, change control, and cost/quality/delivery governance across OEMs and Tier-1s.
• Localization & sustainability – Drive in-Kingdom value add (IKTVA), Saudization, training pathways, energy efficiency and materials sustainability; report ESG impacts.
• Budget & risk control – Own rolling stock budgets, risk registers, mitigations, and executive reporting.
• Stakeholder management – Coordinate with Qiddiya Master planning, stations/depot, operations, finance, legal, brand, and external partners (municipality, utilities, emergency services).

• Bachelor's degree in finance, economics, or a related field; Master’s degree or professional certification (CFA, CPA) preferred.
• Minimum of 10 - 12 years of experience in financial analysis, with a focus on real estate or development finance.
• Strong background in financial modeling, investment analysis, and strategic financial planning.
• Exceptional analytical skills and the ability to translate data into actionable insights.
• Excellent communication skills, capable of presenting complex financial information clearly.
• Demonstrated ability to lead and collaborate in a team-oriented environment.
• Proficiency in financial analysis tools and advanced Excel skills.

Offering a comprehensive compensation and benefits package.